How Much Does 1997 Toyota Tercel Insurance Cost?

Looking for better car insurance rates for your Toyota Tercel? Getting the cheapest car insurance on the web may at first seem to be difficult for online price comparisons. With so many options of online companies available, how are consumers expected to even start to compare the different rates to find the best price?

It’s important to take a look at other company’s rates at least once a year because car insurance rates change quite often. Just because you had the lowest rate for Tercel coverage two years ago a different company probably has better prices today. Forget anything you know (or think you know) about car insurance because you’re about to learn the fastest and easiest way to save money, get proper deductibles and limits, all at the lowest rate.

Get Toyota Tercel insurance more affordably

Part of the car insurance buying process is learning the factors that are used to determine the rates you pay for car insurance. If you have some idea of what determines base rates, this empowers consumers to make smart changes that may reward you with lower rates. Many things are used when you get your auto insurance bill. Some of the criteria are obvious such as your driving history, but other factors are more transparent like your continuous coverage or your financial responsibility.

Listed below are most of the major factors used by companies to determine your rate level.

  • Bump up deductibles to lower rates – The deductibles are how much you are willing to pay before your car insurance pays a claim. Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, protects your car from damage. Examples of covered claims would be a windshield broken by a bird, animal collisions, and having a roll-over accident. The more expense the insured is willing to pay, the less money you will pay for car insurance for Tercel coverage.
  • Never go without car insurance – Going without insurance is a guaranteed way to increase your rates. Not only will you pay more, the inability to provide proof of insurance can result in a steep fine or even jail time. You could then be forced to provide proof of insurance in the form of an SR-22 filing with your state department of motor vehicles.
  • Liability protection limits should be high – Your policy’s liability coverage is the coverage that protects you if ever you are found to be at fault for causing damage or personal injury in an accident. Liability insurance provides legal defense coverage to attempt to prove you were not liable. Liability is cheap compared to physical damage coverage, so drivers should make sure they buy enough to cover all assets.
  • Companies want multiple policies – Many insurance companies apply lower prices to buyers that purchase more than one policy. It’s known as a multi-policy discount. The discount can be 10 percent or more. Even if you’re getting this discount drivers will still want to shop around to verify if the discount is saving money. Drivers may still find a better deal by buying insurance from more than one company.
  • Tickets drive up premiums – Being a careful driver can have a huge impact on auto insurance premiums. Attentive drivers tend to pay less for car insurance compared to bad drivers. Even one chargable violation could increase your next policy renewal twenty percent or more. Drivers with multiple violations such as reckless driving or DUI might be required by their state to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to prevent their license from being revoked.
  • Is you employer costing you more? – Careers such as real estate brokers, executives and emergency personnel usually pay higher rates than average due to stressful work requirements and incredibly demanding work hours. Conversely, careers such as farmers, historians and the unemployed have the lowest average rates for Tercel coverage.
  • Age of drivers – Teen drivers are statistically proven to be less responsible in a vehicle so they pay higher car insurance rates. Adding a first-time driver onto a policy can be very expensive. More experienced drivers are more responsible, file fewer claims and are safer drivers.

Compare quotes for insurance coverage

To find the best insurance coverage rates, there are several ways to get quotes from local insurance coverage companies. The easiest way to find the lowest 1997 Toyota Tercel rates is to get quotes online. This can be done by using one of the methods below.

  1. One of the best ways to get the best comparison quotes is a comparison rater form like this one (opens in new window). This style of form keeps you from doing repetitive form entry for every insurance coverage company. One quote request will get you rate comparisons from many national carriers. This is perfect if you don’t have a lot of time.
  2. Another way to get comparison quotes is spending the time to visit the website for every company you want to comare to complete a price quote. For sake of this example, we’ll pretend you want to view quotes from Progressive, Farmers and GEICO. To find out each rate you need to visit each site and repeatedly type in your coverage information, which is why first method is reommended. For a list of links to companies insuring cars in your area, click here.
  3. If you have time to kill, the last way to get comparison rates is calling or driving to insurance agents’ offices. The fact that you can get quotes online reduces the need to sit down with an agent unless you’re the type of person who wants the trained guidance of a local agent. However, consumers can get prices online but purchase the actual policy in an agency.

Compare rates however you want, just be sure you’re using equivalent coverage limits for each price quote. If you have higher or lower deductibles you will not be able to make a fair rate comparison. Slightly different limits may cause a big price difference. Just remember that comparing more rates from different companies will improve the odds of getting a lower rate than you’re paying now.

Cheap insurance coverage quotes with discounts

Properly insuring your vehicles can get expensive, but there could be significant discounts to cut the cost considerably. Certain reductions will be credited when you complete an application, but once in a while a discount must be inquired about prior to getting the savings.

  • First Accident Forgiveness – but a handful of insurance companies will allow you to have one accident before raising your premiums so long as you are claim-free for a set time period.
  • Save over 55 – Drivers that qualify as senior citizens could receive better insurance coverage rates for Tercel coverage.
  • Claim-Free Discount – Insureds with no claims or accidents are rewarded with significantly better rates on car insurance quote in comparison with bad drivers.
  • Low Miles Discount – Maintaining low annual mileage could be rewarded with substantially lower premium rates.
  • Full Payment Discount – By making one initial payment rather than paying monthly you may have a lower total premium amount.

As is typical with insurance, most discount credits are not given to the entire cost. Most only reduce individual premiums such as comprehensive or collision. So even though they make it sound like it’s possible to get free car insurance, company stockholders wouldn’t be very happy.

To locate insurance coverage companies that provide some of the discounts listed above, follow this link.

Tailor your insurance coverage to you

When choosing the right insurance coverage, there is no one size fits all plan. Everyone’s situation is a little different.

Here are some questions about coverages that could help you determine if your situation would benefit from professional advice.

  • Should I sign the liability waiver when renting a car?
  • Do I need higher collision deductibles?
  • If my 1997 Toyota Tercel is totaled, can I afford another vehicle?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • When do I need to add a new car to my policy?
  • What happens if I owe more than my 1997 Toyota Tercel is worth?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with an insurance agent. To find lower rates from a local agent, simply complete this short form.

Car insurance coverage information

Knowing the specifics of insurance can help you determine appropriate coverage for your vehicles. Insurance terms can be confusing and reading a policy is terribly boring.

Coverage for liability

This protects you from injuries or damage you cause to other’s property or people by causing an accident. This insurance protects YOU against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see limits of 50/100/50 that translate to a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property. Some companies may use a combined single limit or CSL which provides one coverage limit and claims can be made without the split limit restrictions.

Liability can pay for things such as medical services, bail bonds and pain and suffering. How much liability should you purchase? That is up to you, but buy higher limits if possible.

Comprehensive protection

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like a broken windshield, fire damage, damage from getting keyed and hitting a bird. The most you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Collision insurance

This covers damage to your Tercel caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for things such as sustaining damage from a pot hole, damaging your car on a curb, colliding with another moving vehicle and crashing into a building. This coverage can be expensive, so you might think about dropping it from vehicles that are older. Drivers also have the option to increase the deductible to bring the cost down.

Uninsured or underinsured coverage

This coverage protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Toyota Tercel.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Normally your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage pay for bills like doctor visits, funeral costs, surgery, hospital visits and pain medications. The coverages can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants in addition to being hit by a car walking across the street. PIP is not available in all states and may carry a deductible

More comparisons equals lower rates

Cost effective 1997 Toyota Tercel insurance is possible from both online companies and from local agencies, and you should compare price quotes from both to get a complete price analysis. Some insurance coverage companies don’t offer online price quotes and usually these smaller providers only sell through independent agents.

As you quote car insurance, don’t be tempted to buy less coverage just to save a little money. There are too many instances where someone sacrificed full coverage only to find out they didn’t have enough coverage. Your objective should be to buy a smart amount of coverage for the lowest cost, but do not sacrifice coverage to save money.

People who switch companies do it for many reasons like policy cancellation, poor customer service, not issuing a premium refund or even high rates after DUI convictions. Regardless of your reason, choosing a new company can be easy and end up saving you some money.

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Comments About 1997 Toyota Tercel Insurance

  1. Gertrud Rivers

    If you don’t have tickets and live in the vicinity of Madison, Wisconsin, check out GEICO. You might save some money. I get a discount for insuring multiple vehicles. :P Just liability coverage since it’s getting old.

  2. Marni Olson

    If you have a good history and live in the vicinity of Baton Rouge, LA, check out 21st Century. They seem to be cheaper. I get multi-vehicle and multi-policy discounts. Might find lower rates online. Just liability coverage since it’s getting old.

  3. Cinderella Beard

    I live just outside Jacksonville, Florida. Received quotes from AAA, Safeco, and a few others for my Tercel and cut my rates about $80 a year. Moved home policy as well. Are quotes cheaper online? Liability only on my Toyota.

  4. Darcie Carr

    Nice post. I live in Minneapolis, MN. Can’t remember who all I quoted but I ended up saving about $20 each month. Insured with Esurance before. I think they have home insurance too.

  5. Laraine Holder

    Is State Farm cheaper than Auto-Owners in Jackson, Mississippi?

  6. Janey Ayala

    Liked the article. I live on the south side of Jersey City, NJ. Quoted with AIG Insurance, Sentry, and a few others for my Tercel and saved about $100 a year. Just go online and compare their rates. I only have liability coverage on it.

  7. Elisha Bush

    I found pretty cheap rate quotes for a 1997 Toyota Tercel in Colorado Springs, CO. Ended up at roughly $110 every six months with AAA. Was with 21st Century. It’s too old for full coverage.

  8. Zaida Valenzuela

    It all costs too much. Live in Cleveland, OH. Got rates from AAA, Sentry, and some smaller one I can’t remember the name of for my Toyota and I think I cut my rates about $30 each month. Left Farmers to switch. I’m a pretty low risk driver. God forbid I actually have a claim.

  9. Torri Chen

    Does GEICO offer new car replacement?

  10. Karey Rasmussen

    From east side of Eugene, OR. I don’t recall every quote but I ended up saving about $20 each month. Was with Eastwood. I think they have home insurance too. I just quoted rates online. When should I drop full coverage?

  11. Danette Dale

    I live west of Columbus, OH. Quoted with American Family, MetLife, and Western Auto Insurance for my Tercel and saved $70 a year. Left Hartford to switch. I think they have home insurance too. They have free quotes online. I don’t put full coverage on it.

  12. Celestine Maxwell

    GEICO is pretty cheap in Minnesota! :)

  13. Winford Black

    1997 Toyota Tercel + Progressive = GOOD RATES!

  14. Karmen Kemp

    I’m in the east part of Eugene, OR. Got prices from MetLife, Farmers, GEICO, and AIG Insurance for my Toyota and I think I cut my rates about $10 each month. I’m thinking about dropping full coverage though.

  15. Joleen Giles

    Lifelong resident of New York City, New York. Compared rates from a lot of places. Saved about $30 a month. State Farm was the most affordable for me. It never hurts to quote around.